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medicare is solvent until 2024. you think where we're at, i know as i listen then the question would the republicans get anything, i don't even want to use the word conceding coming together on behalf of the american people where 62% believe on november 6th when the race was over the vote was really on whether or not should be a fair tax burden on those --. melissa: i'll give that to you. let's go ahead and raise taxes. say we do that. that doesn't get us close to solving the problem. i mean we still have $16.3 trillion in debt. we are still running $4 billion a day beyond what we're making. we this huge problem in this country. if it was a house you would throw uppyour arms in distress say, my god, we can never pay all these bills. that is sort of the point. >> i'm not in distress on that. first of all with the tax rrlief for 98% of the americans, we'll turn a reasoned amount of a trillion upwards back into the treasury. that is the first step. secondarily, a lot of economists will make it very clear that at a time
medicare is solvent until 2024. you think where we're at, i know as i listen then the question would the republicans get anything, i don't even want to use the word conceding coming together on behalf of the american people where 62% believe on november 6th when the race was over the vote was really on whether or not should be a fair tax burden on those --. melissa: i'll give that to you. let's go ahead and raise taxes. say we do that. that doesn't get us close to solving the problem. i mean we...
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savings we already have in medicare. melissa: i would love for both of you to come back. we have to do more in depth. you're fantastic. >> thanks for having me. melissa: here is the question of the day. could have done that the whole show. do you support higher taxes on cigarettes, alcohol and online gambling to reduce the deficit? we want to hear what you think. like us on facebook.co facebook.com/melissafrancisfox or follow me on twitr at melissaafrancis. >>> egyptian presint morsi attempts to restore order on cairo streets. protesters respond with molotov cocktails. has he lost control? details coming up next. >> military wants to spend more dollars on renewable energy. senator james inhofe says they're dumping taxpayyr dollars overboard. i hate that. do i ever have too much spending. i certainly do you stl think you're colder than me? nah. don tell me. tell tiny! [ ice crackling ] [ knuckles cracking ] and who are you supposed to be, back-up? handle it. what u looking at? ha! cat-like reflexes... whoa! [ male announc
savings we already have in medicare. melissa: i would love for both of you to come back. we have to do more in depth. you're fantastic. >> thanks for having me. melissa: here is the question of the day. could have done that the whole show. do you support higher taxes on cigarettes, alcohol and online gambling to reduce the deficit? we want to hear what you think. like us on facebook.co facebook.com/melissafrancisfox or follow me on twitr at melissaafrancis. >>> egyptian presint...
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >> my next two guests say they were oust by speaker bainer from key posts because of retaliation. they are saying their conservatism has nothing do with it and it was based on a range of factors. here 20 explain what exactly they think are going on and why kansas congressman tim huelskamp is with us and from michigan we have congressman justin amash is here. all right. congressman huelskamp, let me start with you. because you were quoted saying, in fact, you believe this was directly related to votes you had given. you brought this up in conference yesterday. what were you told in conference? >> well, we were ignored. i asked for a list of the votes by which they used to make this decision and indeed it a
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >> my next two guests say they were oust by speaker bainer from key posts because of retaliation. they are...
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Dec 9, 2012
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something similar happened on medicare. we have the notion of there's a medicare crisis. there's an entitlement. this is a health care crisis. >> i really need to say about jonathans piece. i am liberal, but that is the worst example i have heard. take people out of a popular -- i hope this is not the white house position. take people out of a popular program that works and they love, put them into obama care that is not so popular and they don't necessarily love. take away something they like and give them something liberals think they should like. >> the right question is, the portuguese have an average income lower than ours with universal health care. it costs two-thirds of their economy compared to our economy. we are having the wrong discussion. here is the program. start by lowering medicare is an option to 55 or 40. stop reacting to what -- >> we'll have to continue the next one because we have a question here. who is arguing to extend all the bush tax cuts is next. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids are
something similar happened on medicare. we have the notion of there's a medicare crisis. there's an entitlement. this is a health care crisis. >> i really need to say about jonathans piece. i am liberal, but that is the worst example i have heard. take people out of a popular -- i hope this is not the white house position. take people out of a popular program that works and they love, put them into obama care that is not so popular and they don't necessarily love. take away something they...
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they'll use euphemisms, but agree to cutting medicare and medicaid. and by the way, that means cutting for seniors and poor people and special needs kids. that is not an easy thing to ask anybody to do, let alone the democratic party. which really created these programs. this is going to be awful and gruesome, but 70 for 60 in your poll, 60% of americans want to raise taxes on well off americans. 70% don't want to cut or 80, don't want to cut medicare or medicaid, so the hard stuff is coming. this is the easy stuff. we can't even get the republicans to agree to that. >> we're out of time guys, nice to talk to you as always. i appreciate it. >>> next, violent clashes along the turkey, syria border and a new heir to the british throne is on the way. our piers morgan will explain the fuss. that's coming up next. losing your chex mix too easily? time to deploy the boring-potato chip decoy bag. then no one will want to steal the deliciousness. [ male announcer ] with a variety of tastes and textures, only chex mix is a bag of interesting. plays a key role
they'll use euphemisms, but agree to cutting medicare and medicaid. and by the way, that means cutting for seniors and poor people and special needs kids. that is not an easy thing to ask anybody to do, let alone the democratic party. which really created these programs. this is going to be awful and gruesome, but 70 for 60 in your poll, 60% of americans want to raise taxes on well off americans. 70% don't want to cut or 80, don't want to cut medicare or medicaid, so the hard stuff is coming....
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Dec 5, 2012
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >>> your crazy uncle who watches fox news all day is worried about this. not the chrysler building, you can see in the middle of the picture. i have always been worried about that. it feels like a cross between a knead l on a record player or on a syringe. but the building that your uncle is all upset about is the one on the right there. the greenish one with the nice view across the east river. that building is the world headquarters of the united nations. the place where it might sound like they are talking about putting bike racks in city downtowns. but your crazy uncle know what is they really mean is world domination by the antichrist who works at the united nations and is also president obama. there have been far right conspiracy theories abou
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >>> your crazy uncle who watches fox news all day is worried about this. not the chrysler building, you can see in the middle of the picture....
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so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. >>> i'm julia boorstin with your cnbc market wrap. a new jobs report well-received on wall street as the do you closed up 81 points, the s&p gained 4 and the nasdaq slipped 11 points. >>> overall positive reaction to the 146,00
so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your...
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eligibility for medicare. that is a no-go zone for any reasonable, respectable democrat. this is not even. even if boehner caves, he can't bring his caucus with him. he has to deal with nancy pelosi one way or another. >> howard dean and krystal ball, thank you both for joining me tonight. >> thanks. >> coming up, there is a sleeping giant in the tax policy issues facing the president and congress, and no one is talking about it yet. another republican is takingç shots at mitt romney, and this time of all people it's paul ryan. and also coming up, marijuana, marriage, hillary clinton, seceding from the union and gangham style are all in the rewrite. ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for lif
eligibility for medicare. that is a no-go zone for any reasonable, respectable democrat. this is not even. even if boehner caves, he can't bring his caucus with him. he has to deal with nancy pelosi one way or another. >> howard dean and krystal ball, thank you both for joining me tonight. >> thanks. >> coming up, there is a sleeping giant in the tax policy issues facing the president and congress, and no one is talking about it yet. another republican is takingç shots at...
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would save the country billions and not have to affect the gneral public and their social security and medicare. dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic congressman who is set to retire in january hired th big shot hollywood agency william morris to represent him in the next phase of his career. william morris is run by r.e.m. manuel, the brother of chicago mayor and the inspiration for the character ari goldman the
would save the country billions and not have to affect the gneral public and their social security and medicare. dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic...
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>> david, medicare will run out of money in 12 years. we know that we have to do something to make sure that we take an approach that doesn't voucherize it or take the approach of the paul ryan budget, but keep this a sound program and a solvent program. i just don't think we can do it in a matter of days here before the end of the year. that was my point. we need to address that in a thoughtful way, through the committee structure, after the first of the year. but the point i want to get to is this. we have already cut more than $1 trillion in spending as part of deficit reduction. we now need to put revenue on the table. the american people spoke on this issue in the election. i'd say to speaker boehner and congressman mccarthy, listen to what the american people said in the election. listen to the fact that two out of three americans believe that the weltiest should pay a little more, and listen to your own caucus. when you have people like conservative republican senators like tom coburn, kay granger, tom cole, speaking up and saying
>> david, medicare will run out of money in 12 years. we know that we have to do something to make sure that we take an approach that doesn't voucherize it or take the approach of the paul ryan budget, but keep this a sound program and a solvent program. i just don't think we can do it in a matter of days here before the end of the year. that was my point. we need to address that in a thoughtful way, through the committee structure, after the first of the year. but the point i want to get...
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sock it to the elderly and the tax treatment of medicare. they won't be specific. they say the white house won't be specific. i think lindsay graham is probably right, we're not going to be able to get a deal by the end of the year because each have staked out negotiating positions that the other cannot possibly accept. >> i don't believe this deduction thing. i don't buy this. the minute you come out and tang away charitable deductions every philanthropic -- >> you can't do it. >> it's never going to happen. i know the white house people are planning to leave town starting on the 23rd, 22nd, 23rd. they're all saying, hey, we're out of here. there's no deal. >> what does that mean? >> i think they're willing to say, i know you're concerned about world markets. >> i'm worried about the way the woshth looks at us. >> i think the world markets are sophisticated about who we are and the way we operate -- >> what, that we're clownish? >> no, that we'll push the argument as long as we possibly can. and there is a case to be made that the president and the democrats will
sock it to the elderly and the tax treatment of medicare. they won't be specific. they say the white house won't be specific. i think lindsay graham is probably right, we're not going to be able to get a deal by the end of the year because each have staked out negotiating positions that the other cannot possibly accept. >> i don't believe this deduction thing. i don't buy this. the minute you come out and tang away charitable deductions every philanthropic -- >> you can't do it....
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too bad it doesn't work on windows. okay, i'm outta here. cascade. the clear choice. >>> welcome back to "hardball." there's a potentially big electoral story developing in pennsylvania that you need to hear about. the state's 20 electoral votes went for president obama this year, of course. as is the case in all but two states, the winner of a
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i...
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if they want to say, we won't raise the debt ceiling unless you cut medicare, make our day. >> chris: meaning, go ahead and default the country? >> no, make or day, meaning, that position is untenable politically and it will not last. you will not be able to hold it. >> chris: a little time left and i want to go to a couple of other subjects. senator schumer on the first day of the next congress in january, will democrats change the rules on filibusters by a simple majority, rathern the 2/3 majority you generally need, to change rules in the senate? >> okay. everyone knows the senate is broken and needs fixing. i think bob corker would say that, we have had discussions. we're friends. most democrats -- almost all democrats and all republicans believe that and i think it is also true that our preference would be to do this by 2/3 in a bipartisan way. there are all kinds of discussions going on with all kinds of groups, to try and come up with some agreement. the basic problem is, republicans say we don't allow the amendments and we say they don't let our bills go on e floor. you can so
if they want to say, we won't raise the debt ceiling unless you cut medicare, make our day. >> chris: meaning, go ahead and default the country? >> no, make or day, meaning, that position is untenable politically and it will not last. you will not be able to hold it. >> chris: a little time left and i want to go to a couple of other subjects. senator schumer on the first day of the next congress in january, will democrats change the rules on filibusters by a simple majority,...
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and become the first and only national medicare advantage company achieve a 5-star rating for a medicare plan... your efforts result in the quality of ce and service we're able to provide... which means better heah outcomes... and more quality time to share with thenes who matter most. i lovyou, grandma! [ male announcer ] humana. ♪ >> all the people who are supposedly anti-gun, they have come and attack me personally. they have worse violence upon me . i don't understand if you are against us how you can be pro that. stuart: that was an hour last hour, discussing dozen the constitution. remember to tune in weekday mornings. check the market real fast. a five day to my down 11 to my downtown. i do want to go back to nicole. we just reported that starbucks is down 1500 more coffee shops in the united states of america. i'm sure that the tip your interest. stuart: and it will be 3,000. talk about the expansion and plans for the people. i want to show you what i bought today. there was $9.54. stuart: that is pathetic. that is disgraceful. >> reporter: this is my meal. you bought a bottle
and become the first and only national medicare advantage company achieve a 5-star rating for a medicare plan... your efforts result in the quality of ce and service we're able to provide... which means better heah outcomes... and more quality time to share with thenes who matter most. i lovyou, grandma! [ male announcer ] humana. ♪ >> all the people who are supposedly anti-gun, they have come and attack me personally. they have worse violence upon me . i don't understand if you are...
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. neation's third largest bank laying off thousands of employees. city bank says the bank will slash 11,000 jobs. that's 4 '% of the workforce. many banks have cut jobs to save money since the 2008 financial crisis. citigroup had survived with the help of two taxpayer bailouts. meanwhile the economy still missing the mark on adding jobs nationwide. employers added fewer new jobs last month and economists were opening and expecting. according to the payroll firm adp the private sector added 118,000 jobs in november. analysts had predicted a gain of 125,000. members of congress watched the attack play out in realtime at a classified briefing today on capitol hill. lawmakers say the national intelligence direct
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. neation's third largest bank laying off thousands of employees. city bank says the bank will slash 11,000 jobs....
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let's keep medicare... and social security strong for generations to come. is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. and she was looking for a laptop at best buy. let's see if walmart has a similar laptop for less. let's go. dell 14" ultrabook. over $250 less than best buy. $250??!! with 2 gigs more memory! oh my gosh! and -- you get a $100 gift card. wow! chaching. see for yourself if you could save on the laptops you want. [ earl ] get this season's hottest brands -- like the dell ultrabook and receive a $100 gift card and when you make an electronics purchase of $599 or more on your walmart credit card, get no interest if paid in full within 24 months. america's gift headquarters. walmart. >>> welcome back. part of an ongoing series, cnn has taken a closer look at what it means to be black in america today. soledad o'brien went in search of some answers to some of the most pressing, provocative answers such as what dete
let's keep medicare... and social security strong for generations to come. is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. and she was looking for a laptop at best buy. let's see if walmart has a similar laptop for less. let's go. dell 14" ultrabook. over $250 less than best buy. $250??!! with 2 gigs more memory! oh my gosh! and -- you get a $100 gift card....
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and paul ryan doesn't want to be the grinch that stole medicare. paul ryan is standing there right now. what do you think? are these guys going to succeed? are they the future? >> if i was paul ryan, i would want to be something else. if i was selected vice president and i got slaughtered in my -- and my candidate got slaughtered in my home state, i would be looking to have a makeover also. i don't blame him. i think that senator rubio could run on anything he wants. i agree. if he wants to run on economic expertise, perceived economic expertise, it's a good thing for him to do it. he should do that. it's apparently what he believed before. if he wants to change his mind, that's his business too. i don't fault any of these guys. and 2016, the political commentators, the more politics, the better it is. >> looks like we're starting tonight, james ryan. >> yeah, all for it. he's great. >> this is actually a really interesting development, in my view. i think if you're looking at paul ryan, one thing you hear from folks in the ryan camp, is that he wa
and paul ryan doesn't want to be the grinch that stole medicare. paul ryan is standing there right now. what do you think? are these guys going to succeed? are they the future? >> if i was paul ryan, i would want to be something else. if i was selected vice president and i got slaughtered in my -- and my candidate got slaughtered in my home state, i would be looking to have a makeover also. i don't blame him. i think that senator rubio could run on anything he wants. i agree. if he wants...
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this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. t
this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to...
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let's keep medicare... and social security strong for generations to come. than giving her a diamond is surprising her with one. save the surprise. shop online and ship to any zales store free. only at the diamond store. ♪ i'm lost in the light progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. >>> i'm hampton pearson with your cnbc market wrap. stocks make little gains as fiscal cliff worries hang over the markets. the dow is up 14 points. the s&p gains a fraction. the nas gak adds 8 points. >>> mcdonald's shares ended 1% higher following stronger than expected november sales report. fed ex rose more than 1% on its busiest day of the year. >>> and gas prices are down about 10 cents over the last three weeks according to the lundberg survey. that's it from cnbc, first in business worldwide. now back to "hardball." ♪ >>> welcome back to "hardball." last night president obama and hou
let's keep medicare... and social security strong for generations to come. than giving her a diamond is surprising her with one. save the surprise. shop online and ship to any zales store free. only at the diamond store. ♪ i'm lost in the light progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. >>> i'm hampton...
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if we want to truly save medicare and social security, we've got to do something about it. that's what republicans have been proposing all along. we want to solve a problem once and for all. and that's why we haven't waited -- it's interesting that we're just now talking about it. but back in july, we passed legislation that would freeze the rates, deal with sequestration, make the cuts that needed to take place in spend sog we wouldn't be at this dilemma in december at this time. the president was on the campaign trail then. we thought he'd get off the campaign trail now and stop politics and start focusing on policy. >> can i ask you one last one quickly. the original across the board spending cut for sequestration was i believe $1.2 trillion. >> yes. >> in the republican proposal, you all seemed to have $200 billion as some kind of substitute. what's going to happen to the other trillion dollars in spending cuts that people expected? >> well, we believe you take care of it right now for a couple years. we're looking to not just solve this problem overall. we want to have
if we want to truly save medicare and social security, we've got to do something about it. that's what republicans have been proposing all along. we want to solve a problem once and for all. and that's why we haven't waited -- it's interesting that we're just now talking about it. but back in july, we passed legislation that would freeze the rates, deal with sequestration, make the cuts that needed to take place in spend sog we wouldn't be at this dilemma in december at this time. the president...
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he is proposed a plan for medicare. medicare advantage. that is exactly the same as obama care is for people under the age of 65. and so i'm waiting for paul ryan to tell me the difference between his medicare advantage plan and the obama health care ch
he is proposed a plan for medicare. medicare advantage. that is exactly the same as obama care is for people under the age of 65. and so i'm waiting for paul ryan to tell me the difference between his medicare advantage plan and the obama health care ch
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. . >>> happening now, a prank on the british royals takes a deadly turn. >>> sensitive secret service files left on a train. the stunning security breach. >>> and david axlerod takes it off, and challenges ool politician to do the same. >>> the radio djs behind a brprk on the british royals have blood on their hand. >> the nurse that first took the call at the hospital has apparently committed suicide. here is what the hospital is saying. >> we can confirm that she was recently the victim of a hoax call to the hospital. the hospital had been supporting here through this very difficult time. she was a first class nurse who cared for hundreds of patients during her time with us. everyone is shock and loss of a loved colleague. >
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. . >>> happening now, a prank on the british royals takes a deadly turn. >>> sensitive secret service files left on a train. the...
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mostly due to increases in health-care spending in medicare and medicaid. the white house has $600 billion in various cuts and fee increases on the table. house republicans are offering 1.4 trillion in kosovo or spending increases. democrats argue cutting spending to quickly will further hit the economy. connell: we love when you go all congressional jargon on us. rich edson. [talking over each other] connell: he was on top of things. dagen: holy segments, batman. how much would you pay to own the original batmobile? i just read what they write. not really, but i did it that time. connell: our very own key crusaders dennis and cheryl are coming up. it is that time. we will be right back. ♪ switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospe
mostly due to increases in health-care spending in medicare and medicaid. the white house has $600 billion in various cuts and fee increases on the table. house republicans are offering 1.4 trillion in kosovo or spending increases. democrats argue cutting spending to quickly will further hit the economy. connell: we love when you go all congressional jargon on us. rich edson. [talking over each other] connell: he was on top of things. dagen: holy segments, batman. how much would you pay to own...
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Dec 7, 2012
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party was to compromise on a couple things, build the party on immigration reform, build the party on a medicare part "d," on no child left behind. all things demint opposed. he succeeded in making republicans elected from places that safely vote republican more conservative. he didn't broaden the party at all. i mean, mitch mcconnell is not just craven. he believes to win the party, can't vote the way jim demint does. jim demint said, well, fine, here's seven people like me. i'll see you. >> one thing i think we sometimes forget when we talk about abstract party principles is something a guy like specter believed is you represent your constituents. and his constituents were not as conservative as m demints in south carolina, as mitch mcconnells in kentucky and, of course, pennsylvania has been going very blue. that seems to me to be kind of the core argument here. one thing that's happened is these political parties have nationalized in a very big way, and demint's strategy, it appears to me to largely be to nationalize the elections. you have this big washington groups like freedom works or no
party was to compromise on a couple things, build the party on immigration reform, build the party on a medicare part "d," on no child left behind. all things demint opposed. he succeeded in making republicans elected from places that safely vote republican more conservative. he didn't broaden the party at all. i mean, mitch mcconnell is not just craven. he believes to win the party, can't vote the way jim demint does. jim demint said, well, fine, here's seven people like me. i'll see...
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. >>> finally, president obama and house speaker john boehner broke their silence today, they actually spoke on the phone. >> not much came of it, and they are not any closer to coming to an negotiation. the administration is ready to go off the cliff if is comes to that. so let's talk about the politics involved with paul bigala. hello, gentleman, paul, you have the treasury secretary saying today they're absolutely prepared to go over the cliff if it comes to that if the republicans don't give on raising tax rates, isn't that a
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and...
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Dec 4, 2012
12/12
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but led's look at the medicare argument. if you're a single man born in 1945, that means you're approaching 70, on medicare. if you made about $20,000 a year during your career, that was your average, then in medicare taxes, you paid about $18,000, roughly $18,000 to $20,000 in taxes. if you made about $110,000 a year in your career, you paid about $88,000 to the government in medicare taxes. that's what you paid in. a lot of conservatives are saying you need to change the program. this is one of the reasons why. this is what you get out. if you paid $18,000, you're getting ten times out over the course of your lifetime in benefits. you paid about $88,000 in, you're getting a 2-1 deal, more than $200,000 in benefits. so conservatives and republicans say we've got to change this program somehow. we have to take some money out of medicare, reduce the costs. here's one of the reasons that's essential. if you look through the '70s, '80s, '90s, even up to now, the green is the revenue, the red line is the cost. roughly the money
but led's look at the medicare argument. if you're a single man born in 1945, that means you're approaching 70, on medicare. if you made about $20,000 a year during your career, that was your average, then in medicare taxes, you paid about $18,000, roughly $18,000 to $20,000 in taxes. if you made about $110,000 a year in your career, you paid about $88,000 to the government in medicare taxes. that's what you paid in. a lot of conservatives are saying you need to change the program. this is one...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in e quality of ce and rvice we're able to provide... which means better health outcomes... and more quality time to share with the ones who tter most. i love u, grandma! [ male announcer ] humana. ♪ liz: it is 30 past the hour. check markets as we do every 15 minutes. nicole petallides on the floor. the market is basically flat. nicole: basically lat. what is your number one thing on your brain when you look at the market? we are always thinking about washington. i'm not thinking about washington but i think that is it. this is all about the fiscal cliff. we keep saying over and over it is boring but these guys have to get some resolution. tracy: what is the consensus of people you are speaking to on the telephone on wall street? did in come to some bipartisan agreement? >> no they don't and they're getting angry. [talking over each other] tracy: the rates go up essentially? nicole: special dividends tell you companies and a lot of them have been down in
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in e quality of ce and rvice we're able to provide... which means better health outcomes... and more quality time to share with the ones who tter most. i love u, grandma! [ male announcer ] humana. ♪ liz: it is 30 past the hour. check markets as we do every 15 minutes. nicole petallides on the floor. the market is basically flat. nicole: basically lat. what...
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Dec 8, 2012
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and we want to start the discussion about medicare with the promise we are going to keep medicare and find a way to contain the rate of growth in costs under medicare and all health care been helpful. >> sure. >> but we'll meet that obligation to our seniors. that's where i think we start. >> it sounds like you are open to the idea, then, of some tweaks to medicare, to some tweaks to entitlements for revenue. >> my conditions are -- and i think this is true for most democrats -- is that we maintain the universality of medicare, all seniors being eligible, and that we maintain the benefits under medicare. and the fact is i also think that we've actually begun to do some serious work on delivery system reform, where we are proposing to pay doctors differently from medicare so we reward quality and efficiency and improved outcome for seniors, reduce the costs that way, patient safety in hospitals. this is not insignificant money. but we probably need some more revenues coming into it as well and there are a variety of ways to do that. we haven't really started to have a serious discussio
and we want to start the discussion about medicare with the promise we are going to keep medicare and find a way to contain the rate of growth in costs under medicare and all health care been helpful. >> sure. >> but we'll meet that obligation to our seniors. that's where i think we start. >> it sounds like you are open to the idea, then, of some tweaks to medicare, to some tweaks to entitlements for revenue. >> my conditions are -- and i think this is true for most...
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >> steve: time for news by the numbers on this friday. first, 26% that. is what the jobless rate in greece soared to in september. 26%! the country defeating spain to win the highest unemployment rate in europe. congratulations. not. next, $2 billion. that's how much a cable box cost when it's not even on. they continue to run using up electricity. the worst offenders, dvr's. that's $2 billion across the country. not just at your house. and finally, $5,000. that's the christmas bonus being handed to employees at publisher random house. they can thank this year's best seller "50 shades of gray" and $55,000 for christmas bonus. gretch, over to you and a couple of special guests. >> gretchen: this next story
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >> steve: time for news by the numbers on this friday. first, 26% that. is what the jobless rate in greece...
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Dec 3, 2012
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the sink guegle biggest driver medicare. so if we don't make those tough decisions now, all we've done is a european style kick the can down the road and, you know, it's tough to cut entitlements and it's tough to cap deductions. austerity doesn't have to look like just taxing your way out of it. if you want to not work, you just tax your way out of it. >> i think we have to remember that this is politics and not economics going on here. that's the most important thing i think people have to remember. and we know we want more revenue and cut spending. that's why we have the problem to begin with. you have to accept that issue. le politicians aren't willing to accept that issue yet. both are at extremes. if you accept they're both at exseee extre extremes, how did we raise revenue. because the politics, not because of economics, they will not raise marginal rates. >> although we have heard some people say they would go along with that. >> i agree. the center is actually saying that. but i think -- so if the democrats know tha
the sink guegle biggest driver medicare. so if we don't make those tough decisions now, all we've done is a european style kick the can down the road and, you know, it's tough to cut entitlements and it's tough to cap deductions. austerity doesn't have to look like just taxing your way out of it. if you want to not work, you just tax your way out of it. >> i think we have to remember that this is politics and not economics going on here. that's the most important thing i think people have...
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Dec 3, 2012
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we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equation as well as on the tax equation. the politics behind this latest republican counterproposal, are they just going through the motions of having their opening bargaining positions knowing that both sides are going to have to make concessions. >> reporter: the answer to that is yes. everybody knows that everybody is going to
we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could...
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the government to pay for medicare patients that they have. and many doctors say if that happens, they're going to have to drop medicare patients. that would be very bad news there. and the last thing again not many people are talking about is an estate tax increase. right now there's an exemption for taxes on estates $5 million and below. that would go down if we go off the cliff to $1 million. and the rate would go up 35% to 55%. so these are all very, very real world problems that will cost americans a lot of money out of their wallets if we go off the cliff beyond the big ticket items which are the spending cuts and those tax rates. >> yeah. a lot of consequences if we go over the cliff. what are you hearing, dana, if anything about actual negotiations, talks being resumed. >> reporter: we are told by a republican source that talks have resumed between at least on a staff level between the speaker's office and the white house. wolf, the fact that this is news that talks are happening at a staff level is really telling as to where we are ri
the government to pay for medicare patients that they have. and many doctors say if that happens, they're going to have to drop medicare patients. that would be very bad news there. and the last thing again not many people are talking about is an estate tax increase. right now there's an exemption for taxes on estates $5 million and below. that would go down if we go off the cliff to $1 million. and the rate would go up 35% to 55%. so these are all very, very real world problems that will cost...
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higher medicare spending, higher retirement spending, and especially something we have to get used to and we're going to have to bump up the share of the economy, that is, from the government because that's the way we're going to have to live if we want to take care of the elderly. mark, is that a reality? does that mean higher -- i'm sorry, lower long-term growth rates for the economy? >> well, yeah. i mean, two things. one is it's right that because of the aging of the population, all else being equal, government spending as a share of gdp will rise because as definition the elderly will be using medicare and social security. but that's not the biggest part of the increase in what's going on in medicare and medicaid and social security. it's really the growth in health care costs. so, if we can control that and bring that rate down, then we'll be fine. we'll be okay. but you're right about the economy. the broader economy. because in the aging of the population, and people retiring, the rate of growth in the labor force is going to slow. it already is slowing and the underlying grow
higher medicare spending, higher retirement spending, and especially something we have to get used to and we're going to have to bump up the share of the economy, that is, from the government because that's the way we're going to have to live if we want to take care of the elderly. mark, is that a reality? does that mean higher -- i'm sorry, lower long-term growth rates for the economy? >> well, yeah. i mean, two things. one is it's right that because of the aging of the population, all...
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it includes patches to medicare formulas. patches to social security formulas. so this is a huge mess of issues. we're not even talking about those issues yet. congressional negotiators and the white house aren't talking about these huge host of other issues that are on the table. the thought is if they can get past tax rates and spending cuts, then they will be able to deal with the peripheral issues. but we don't have much time. if a deal isn't reached or a framework isn't reached in the next week or, so it's going to be a big problem. >> all right, thanks for that. good to see you. > >>> nokia -- we'll tell you more when we come back in a few moments. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this he pursuit of perfection. >>> a recap of the headlines today. the fiscal fight rages on in washington as the repub
it includes patches to medicare formulas. patches to social security formulas. so this is a huge mess of issues. we're not even talking about those issues yet. congressional negotiators and the white house aren't talking about these huge host of other issues that are on the table. the thought is if they can get past tax rates and spending cuts, then they will be able to deal with the peripheral issues. but we don't have much time. if a deal isn't reached or a framework isn't reached in the next...
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Dec 10, 2012
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such as social security, health and human services, medicare, medicaid and defense. each one of these accounts for more than $700 billion in spending. so yeah, if you could find a way to somehow chop about 25% out of each program here, you'd get real savings. about half a trillion dollars. doing that would be unbelievably tough. the simple truth is some of them are protected from cuts. social security is something that democrats and republicans alike have been very afraid to go after. the social programs are very much protected by democrats. and the republicans are equally protected of defense. that's why these talks are so tough. the simple truth is, every program in this room has constituents who will fight tooth and nail to hold on to the funding. but there is this, if no deal is struck, and the fiscal cliff comes, then $600 billion in automatic tax increases and spending cuts will kick in. that could affect a lot of programs in this room. that, wolf, is going to lead a lot of voters, democrat and republican, unhappy. >> tom foreman. dramatic way of explaining wha
such as social security, health and human services, medicare, medicaid and defense. each one of these accounts for more than $700 billion in spending. so yeah, if you could find a way to somehow chop about 25% out of each program here, you'd get real savings. about half a trillion dollars. doing that would be unbelievably tough. the simple truth is some of them are protected from cuts. social security is something that democrats and republicans alike have been very afraid to go after. the...
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are you okay with raising the eligibility for medicare going up from 65 to 67? 51% opposed that. >> big news yesterday coming out yesterday from senator deminut. >> this will give me the opportunity to help take our case to the american people and to translate our policies into real ideas. >> so you think you can be more influential within the conservative movement as the leader of the heritage foundation as opposed to a united states senator? >> there's no question about it. >> wow. paul what do you make of the timing of this? he's saying he could be more effective outside the senate. >> you know, advisers to the senator told me he always said he was only going to do two terms in the senate. the thing is his second term isn't up for another four years. this timing is interesting. i guess he was quietly, obviously, making a deal with heritage to go over there. demint is somebody that we all know that was a kingmaker over the last two election cycles, a kingmaker on the tea party side. he is probably the person responsible for getting five tea party-backed member
are you okay with raising the eligibility for medicare going up from 65 to 67? 51% opposed that. >> big news yesterday coming out yesterday from senator deminut. >> this will give me the opportunity to help take our case to the american people and to translate our policies into real ideas. >> so you think you can be more influential within the conservative movement as the leader of the heritage foundation as opposed to a united states senator? >> there's no question...
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the gop's ten year $2.2 trillion proposal raises the eligibility age for medicare up a couple years. it trims the cost of living increases for social security. and it brings in $800 million through tax reform. but it keeps bush era tax cuts in place for all taxpayers and that's something that the president says he will veto. a new player may be entering the takeover bidding for night capital. the journal reports that it's in you can takes to join vertu financial bid. virtu and get cco have offers o the table. and big lots reporting a loss of ten cents a share. full year profit forecast still above street consensus. >> let's take a look at the futures. at least at this point are indicated higher. dow futures up by about 13 points above fair value. s&p higher, as well. nasdaq up by 4. yesterday dow down low to 60 points. and you did see stocks close right near the lows of the day. dow and s&p 500 were down for the first time in four days. also take a look at what's happening in europe. we spoke with ross a little earlier and you can see that right now there are modest gains there. in f
the gop's ten year $2.2 trillion proposal raises the eligibility age for medicare up a couple years. it trims the cost of living increases for social security. and it brings in $800 million through tax reform. but it keeps bush era tax cuts in place for all taxpayers and that's something that the president says he will veto. a new player may be entering the takeover bidding for night capital. the journal reports that it's in you can takes to join vertu financial bid. virtu and get cco have...
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durbin, very close to the president, talking about the fact that he can live with means testing in medicare. that's number one. on senator mcconnell's list of things he'd like to see done. nancy pelosi is even talking about, you know, it's not about race. it's about revenue. it's about getting the money we need to reduce the deficit. so atmospherics are better. we've got a chance. >> it sounds a lot better. we also try and figure out what the plan actually looks like just in terms of the ratio of spending cuts to tax increases or revenue increases. and there've been a lot of people who've gone back and forth. it started out where we were probably closer to three to one back last summer. and i thought that was what simpson-bowles laid out. then i've also seen something that was circulating last week, suggesting that the simpson-bowles plan really called for a one-to-one ratio. is that true? >> no. what we did is, we took current policy at that time. current policy at that time and bush tax cuts from the top 2% expiring and we took that as the baseline, and then what we did is we reformed the
durbin, very close to the president, talking about the fact that he can live with means testing in medicare. that's number one. on senator mcconnell's list of things he'd like to see done. nancy pelosi is even talking about, you know, it's not about race. it's about revenue. it's about getting the money we need to reduce the deficit. so atmospherics are better. we've got a chance. >> it sounds a lot better. we also try and figure out what the plan actually looks like just in terms of the...